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Jo Soss :: 360-990-1433 :: Kitsap County Real Estate Broker-Owner

Bremerton Homes Sold | Real Estate Market Talk

I can get lost in stats. They aren't much fun and they really are boring to write about but they still fascinate me. I can spend hours doing different types of searches on the NWMLS (NorthWest Mulitple Listing Service) site that us agents use to track and compare homes in the area. I search by price, by square footage, by area and find it fascinating to compare years or areas.

In our area of Bremerton we have seen some huge changes in price over the last couple of years. Yes, Bremerton home owners have lost a significant amount of equity and in some circumstances we probably have neighbors that owe more on their home than what they can sell it for. Of course this is a cycle and as cycles go we haven't been hit as hard as other areas of the country. Some statisticians have said there will be areas of the housing market that will totally recover by 2014 and some not until 2034.

I think those areas that hit the ultimate highs will have a longer recovery period. In the Bremerton area we of course had some good years but remain an area that has solid employment and where home-ownership still was reachable by the younger generation. In some areas of King County a first-time home-buyer price was in the high $300,000's.

I have sold several homes to first-time home-buyers this year who qualified for the $8,000 first-time home-buyer tax credit.

According to the Puget Sound Business Journal on September 17th, the Internal Revenue Service reports that 26,000 residents of Washington state have taken advantage of the $8,000 first-time homebuyer’s credit offered by the federal government.

Here are some stats - just because

Bremerton Homes Sold August and September 2009
Average List Price: $227,490
Average Sales Price: $221,220
The average square footage of the property was 1756 and the average Days on Market - or the amount of time it took to sell the property was 123

Bremerton Homes Sold August and September 2008
Average List Price: $256,277
Average Sales Price: $250,570
The average square footage of the property was 1733 and the average Days on Market was 126

Bremerton Homes Sold August and September 2007
Average List Price: $278,129
Average Sales Price: $277,099
The average square footage of the property was 1760 and the average Days on Market was 78

Bremerton Homes Sold August and September 2006
Average List Price: $277,908
Average Sales Price: $277,099
The average square footage of the property was 1812 and the average Days on Market was 67

Port Orchard WA Real Estate | September Homes Sold | Homes Sold in Port Orchard WA 2009

Port Orchard Real EstateDuring the month of September there were 60 homes that sold in Port Orchard. These Port Orchard homes actually had a transfer of home ownership. Contracts complete and Lender funds available the home buyer and seller signed all of their documents as escrow prepared the closing packages. Once all the I's were dotted and the T's crossed there where deeds recorded at the Kitsap County courthouse that transferred the property into the new home owner's name!

If you want to learn more about how we transfer property in Washington State a really great site to visit is the Escrow Association of Washington site. There you can find definitions and explanations of the home buying process for Port Orchard Washington.

Let's look at those 60 Port Orchard homes -

Average List Price

  • $243,127
  • $155 per sq ft

Average Sold Price

  • $236,000
  • $149 per sq ft

The average sq ft of these 60 Port Orchard homes was 1804 sq ft. These homes spent an average of 97 days on the market (DOM).

The list to sale ratio for these homes was 97.07 percent. What that meas is that buyers offered 97.07% of what the seller requested.

Not a bad time to purchase a home in Port Orchard, Washington. The market is still under correction and there are several homes listed under $200,000. In fact it is a great time if you are a 1st time home buyer and qualify for the $8,000 tax credit - CREDIT! NOT loan! Read the information I have written about the program here

Check out some of Kitsap County Real Estate Market Data here - Kitsap County Real Estate Market Data FYI

What do these numbers mean? Is it a good time to buy? Is it a good time to sell. It all depends on your individual situation. I would rather buy in a buyers market and I would rather sell in a buyers market if I have to buy another home with the proceeds. I am a fan of the NORMAL market - everyone can feel more comfortable and real estate transactions are not as stressful.

If you would like to find out the value of your home please feel free to contact me via phone or email. I would be more than happy to supply you with a FREE Market Analysis.

If you would like to purchase a home in the Kitsap County Real Estate Area please give me a call or contact me via email. We can discuss your future plans and I can set you up on an email campaign to receive the hot new listings quicker than YOU can find them.

Port Orchard Real Estate 2009 Market Reports

Similar Posts

“Statistics not compiled or published by NWMLS.” Equal Opportunity Housing All information deemed reliable, but not guaranteed


Bremerton WA Real Estate |September Homes Sold | Homes Sold in Bremerton WA 2009

Bremerton Real Estate

During the month of September there were 82 homes that sold in Bremerton. These Bremerton homes actually had a transfer of home ownership. Contracts complete and Lender funds available the home buyer and seller signed all of their documents as escrow prepared the closing packages. Once all the I's were dotted and the T's crossed there where deeds recorded at the Kitsap County courthouse that transferred the property into the new home owner's name!

If you want to learn more about how we transfer property in Washington State a really great site to visit is the Escrow Association of Washington site. There you can find definitions and explanations of the home buying process for Bremerton Washington.

Let's look at those 82 Bremerton homes -

Average List Price

  • $235,309
  • $136 per sq ft

Average Sold Price

  • $228,774
  • $132 per sq ft

The average sq ft of these 82 Bremerton homes was 1804 sq ft. These homes spent an average of 125 days on the market (DOM). Down 75 days from August!

The list to sale ratio for these homes was 97.22 percent. What that meas is that buyers offered 97.22% of what the seller requested.

Not a bad time to purchase a home in Bremerton, Washington. In fact it is a great time if you are a 1st time home buyer and qualify for the $8,000 tax credit - CREDIT! NOT loan! Read the information I have written about the program here

Check out some of Kitsap County Real Estate Market Data here - Kitsap County Real Estate Market Data FYI

What do these numbers mean? Is it a good time to buy? Is it a good time to sell. It all depends on your individual situation. I would rather buy in a buyers market and I would rather sell in a buyers market if I have to buy another home with the proceeds. I am a fan of the NORMAL market - everyone can feel more comfortable and real estate transactions are not as stressful.

If you would like to find out the value of your home please feel free to contact me via phone or email. I would be more than happy to supply you with a FREE Market Analysis.

If you would like to purchase a home in the Kitsap County Real Estate Area please give me a call or contact me via email. We can discuss your future plans and I can set you up on an email campaign to receive the hot new listings quicker than YOU can find them.

Bremerton Real Estate 2009 Market Reports

Similar Posts

“Statistics not compiled or published by NWMLS.” Equal Opportunity Housing All information deemed reliable, but not guaranteed."

Silverdale WA Real Estate | September Homes Sold | Homes Sold in Silverdale WA 2009

Silverdale Homes For SaleSilverdale WA Real Estate | September Homes Sold | Homes Sold in Silverdale WA 2009

During the month of September there were 12 homes that sold in Silverdale. These Silverdale homes actually had a transfer of home ownership. Contracts complete and Lender funds available the home buyer and seller signed all of their documents as escrow prepared the closing packages. Once all the I's were dotted and the T's crossed there where deeds recorded at the Kitsap County courthouse that transferred the property into the new home owner's name!

If you want to learn more about how we transfer property in Washington State a really great site to visit is the Escrow Association of Washington site. There you can find definitions and explanations of the home buying process for Silverdale Washington.

Let's look at those 12 Silverdale homes that sold in September -

Average List Price

  • $280,636
  • $140 per sq ft

Average Sold Price (Prices continue to fall)

  • $273,429
  • $136 per sq ft

The average sq ft of these Silverdale homes was 2071 sq ft. These homes spent an average of 133 days on the market (DOM). DOM longer than previous month.

The list to sale ratio for these homes was 97.53 percent. What that meas is that buyers offered 97.53% of what the seller requested.

Not a bad time to purchase a home in Silverdale, Washington. In fact it is a great time if you are a 1st time home buyer and qualify for the $8,000 tax credit - CREDIT! NOT loan! Read the information I have written about the program here

Check out some of Kitsap County Real Estate Market Data here - Kitsap County Real Estate Market Data FYI

What do these numbers mean? Is it a good time to buy? Is it a good time to sell. It all depends on your individual situation. I would rather buy in a buyers market and I would rather sell in a buyers market if I have to buy another home with the proceeds. I am a fan of the NORMAL market - everyone can feel more comfortable and real estate transactions are not as stressful.

If you would like to find out the value of your home please feel free to contact me via phone or email. I would be more than happy to supply you with a FREE Market Analysis.

If you would like to purchase a home in the Kitsap County Real Estate Area please give me a call or contact me via email. We can discuss your future plans and I can set you up on an email campaign to receive the hot new listings quicker than YOU can find them.

Silverdale Real Estate 2009 Market Reports

Similar Posts

“Statistics not compiled or published by NWMLS.” Equal Opportunity Housing All information deemed reliable, but not guaranteed"

Silverdale WA Real Estate | August Homes Sold | Homes Sold in Silverdale WA 2009

Silverdale WA Real Estate | August Homes Sold | Homes Sold in Silverdale WA 2009

During the month of August there were 16 homes that sold in Silverdale. These Silverdale homes actually had a transfer of home ownership. Contracts complete and Lender funds available the home buyer and seller signed all of their documents as escrow prepared the closing packages. Once all the I's were dotted and the T's crossed there where deeds recorded at the Kitsap County courthouse that transferred the property into the new home owner's name!

If you want to learn more about how we transfer property in Washington State a really great site to visit is the Escrow Association of Washington site. There you can find definitions and explanations of the home buying process for Silverdale Washington.

Let's look at those 16 Silverdale homes that sold in August -

Average List Price

  • $285,872
  • $152 per sq ft

Average Sold Price (Prices continue to fall)

  • $277,062
  • $148 per sq ft

The average sq ft of these Silverdale homes was 1929 sq ft. These homes spent an average of 89 days on the market (DOM). DOM lower than previous month.

The list to sale ratio for these homes was 96.92 percent. What that meas is that buyers offered 96.92% of what the seller requested.

Not a bad time to purchase a home in Silverdale, Washington. In fact it is a great time if you are a 1st time home buyer and qualify for the $8,000 tax credit - CREDIT! NOT loan! Read the information I have written about the program here

Check out some of Kitsap County Real Estate Market Data here - Kitsap County Real Estate Market Data FYI

What do these numbers mean? Is it a good time to buy? Is it a good time to sell. It all depends on your individual situation. I would rather buy in a buyers market and I would rather sell in a buyers market if I have to buy another home with the proceeds. I am a fan of the NORMAL market - everyone can feel more comfortable and real estate transactions are not as stressful.

If you would like to find out the value of your home please feel free to contact me via phone or email. I would be more than happy to supply you with a FREE Market Analysis.

If you would like to purchase a home in the Kitsap County Real Estate Area please give me a call or contact me via email. We can discuss your future plans and I can set you up on an email campaign to receive the hot new listings quicker than YOU can find them.

Silverdale Real Estate 2009 Market Reports

Similar Posts

“Statistics not compiled or published by NWMLS.” Equal Opportunity Housing All information deemed reliable, but not guaranteed"